Bitcoin

Bitcoin was the first cryptocurrency to ever be created. It’s an open-source, decentralized, peer-to-peer cryptocurrency created by Satoshi Nakamoto, an unknown person or group, who first introduced BTC (or XBT) to the world through an email sent to a cryptography mailing list .

It functions without a central bank or centralized administrator, and its transactions are semi-anonymous. New bitcoins are introduced to the market through a mining process, which rewards those that secure the network through what’s known as a proof-of-work (PoW) consensus algorithm.

Bitcoin’s maximum supply is capped at 21 million, and the very last BTC is expected to be mined in 2140.

Record $3.7 Billion in Bitcoin Options Set to Expire After Open Interest Surpasses $9 Billion

Open interest on Bitcoin options has increased steadily over the last few months to surpass $9 billion, $3.7 billion of which are set to expire on January 29 – a new record – as speculation and institutional adoption keeps growing. According to data from crypto analytics website Bybt, open options contracts are now worth around […]

Bitcoin Mentioned as Possible Reserve Currency by Former Canadian Prime Minister

Former Canadian Prime Minister Stephen Harper has mentioned bitcoin and gold as potential reserve currencies that could replace the U.S. dollar, along with a “whole basket” of other assets. Harper’s words came during an interview with investment service Cambridge House’s Jay Martin, at the Vancouver Resource Investment Conference. Harper said that the possibility of the […]

‘Every Single Person’ is Underestimating Bitcoin, Says Anthony Pompliano

Anthony “Pomp” Pompliano says the entire industry of cryptocurrency is underestimating bitcoin and the superiority of digitalizing products.

Former U.S. Presidential Candidate Steve Forbes on Bitcoin

Last Friday (January 15), Steve Forbes, a former U.S. presidential candidate and the current Chairman and Editor-in-Chief of Forbes Media, acknowledged that Bitcoin is “booming”, but cautioned that this “doesn’t make it an alternative to the dollar yet.” First, Forbes talked about the increasing popularity of Bitcoin and the resulting rise in its price: “Bitcoin is […]

Bitcoin ‘Is Here To Stay’, Says Former U.S. Treasury Secretary Larry Summers

Former U.S. Treasury Secretary Dr. Lawrence H. Summers said last Friday (January 15) talked about Bitcoin and why its price should continue to go up in the long term. Dr. Summers is one of America’s top economists. Not only was Dr. Summers the 71st Secretary of the Treasury in the Clinton Administration, he served as […]

Miami Mayor Considering Investing Some of the City’s Treasury Reserves in Bitcoin

In a recent interview, Miami mayor Francis Suarez said that his city is looking into “having and holding” a percentage of its treasury reserves in Bitcoin. Suarez’s comments about Bitcoin during an interview last Thursday (January 14) with Stuart Varney, the host of FOX Business’ “Varney and Co.” Varney stated the interview by asking Suarez […]

Canadian Billionaire on Bitcoin: Central Banks Will Try Very Hard to ‘Undermine’ It

In a recent interview, billionaire Canadian mining magnate, media mogul, and philanthropist Frank Giustra shared his thoughts about the seemingly never-ending gold vs Bitcoin debate, and explained why he likes both. Giustra is “CEO of the Fiore Group, a private firm managing a broad portfolio of private equity investments and companies, specializing in natural resources, […]

Goldman Sachs to Enter Crypto Market via Custody Services: Report

Wall Street banking giant Goldman Sachs is reportedly planning to enter the crypto industry soon by offering custody services, according to an inside source.

YouTuber Ali Spagnola Accidentally Turned $50 in Bitcoin Into $39,000

YouTube artist and musician Ali Spagnola says she became “accidentally bitcoin rich” after forgetting about $50 BTC donation made in 2013.

UK Man Offers City $72 Million for Permission to Dig up Discarded Bitcoin Fortune

James Howells, a UK-based IT worker, has offered the Newport city council $72 million in exchange for permission to dig up a hard drive he discarded back in 2013, which has 7,500 BTC stored in it. According to The Telegraph, Howells accidentally threw away the hard drive while cleaning his house back then. His Bitcoin […]

Ripple CTO Talks About His Experience With the First ‘Bitcoin Casino’

Recently, David Schwartz, Chief Technology Officer at FinTech firm Ripple and architect of the XRP Ledger, talked about his experience with the first “Bitcoin casino”. Someone on the Quora platform had asked the following question: “Is it true that a man has 240 million worth of Bitcoin but only has two password attempts left? How […]

Pantera Capital CEO on How Current Bitcoin Rally Is Different From 2017 Rally

Dan Morehead, the founder, Co-CIO, and CEO of blockchain-focused investment firm Pantera Capital Management LP, talked about the current Bitcoin rally in his firm’s most recent monthly newsletter. In the January 2021 issue of Pantera Blockchain Letter, which was published on Thursday (January 14), Morehead said that lately he get asked this a lot the following […]

UBS Says Any Cryptocurrency Could Go to Zero, CZ Explains Why Bitcoin Won’t

On Thursday (January 14), according to Bloomberg, a team of strategists at UBS Global Wealth Management wrote in a report that any cryptocurrency’s price could potentially go to zero. Earlier today, the Binance CEO explained why the Bitcoin price will not. According to Bloomberg’s report, UBS’s report was written by a team that included Michael […]

Tether’s Bank Discloses ‘Large Position’ in Bitcoin

Deltec, the Bahamas-based bank that holds the reserves for the cryptocurrency space’s leading stablecoin issuer Tether, has revealed it has a “large position” in bitcoin and has been buying BTC since it was trading at $9,300. In a 2020 review video the firm published, first spotted by Twitter user lenne, the firm’s Chief Investment Officer […]

On-Chain Bitcoin Analyst Explains Why $BTC Price ‘Rocketed Past’ $23K

On Thursday (January 14), prominent on-chain crypto analyst Willy Woo explained the real reason for the current Bitcoin rally that took the BTC price to almost $42,000 last Friday (January 8). At the beginning of December 2020, with Bitcoin trading around the $18,900 level, Woo said that his previous Bitcoin price target — $200,000 per BTC by the […]

Bitcoin Will Have ‘A Six-Figure Price’ by Early 2022, Says Crypto Analyst

With the BTC price above $38,000 on Friday (January 15), prominent crypto analyst Josh Rager thinks “Bitcoin sees a six-figure price by early 2022.” According to data by TradingView, as of 09:35 UTC on January 15, on Coinbase, Bitcoin is trading around $38,469, up 0.7% in the past 24-hour period. So far in 2021, BTC-USD is […]

Bitcoin Unlikely to Drop Below $30,000, Crypto Analysts Explain

Bitcoin’s price has been rather volatile over the last few weeks. The cryptocurrency’s recent plunge that wiped around $200 billion from the crypto space scared investors, but a key support level may be being held by institutional investors. The price of bitocin how a new all-time high near $42,000 this month, after surpassing its previous […]

Institutional Investment Could Help Calm Bitcoin Volatility, Says Goldman Sachs Exec

Jeff Currie, Goldman Sachs’ head of commodities research, has said that more institutional investment could help calm bitcoin’s volatility at a time in which the market is showing signs of maturing. Speaking to CNBC’s Steve Sedgwick in an interview,  Currie revealed he believes that more money from the financial world would need to flow into […]

Bitcoin Replacing Gold Is a ‘Real Possibility’, Says Veteran Investor Todd Horwitz

Veteran trader Todd Horwitz has revealed that while he doesn’t believe bitcoin will replace gold as the de-facto store of value, he says it’s a “real possibility” as central bank intervention in the financial markets has been pushing investors toward crypto. Horwitz’s words came during an interview with Kitco News, first spotted by Daily Hodl, […]

Billionaire Investor Howard Marks Thankful His Son Owns Bitcoin

Billionaire Investor Howard Marks, co-founder of $140 billion asset management firm Oaktree Capital Group, has revealed he is “thankful” his son Andrew owns bitcoin and admitted he needs to change his “skeptical view” on cryptoassets. In his latest investor memo, first spotted by Cointelegraph, Marks pointed out that while he was critical of bitcoin during […]

Bitcoin’s Next Move Could Make or Break Its Bull Run, Analysts Say

The price of bitcoin has fallen from a new all-time high near $42,000 to $34,500 and is currently trading at a key technical level that could define whether its uptrend has reached a top, or whether there’s more upside for BTC. According to analysts Business Insider spoke to, the price of BTC is close to […]

San Francisco Bitcoiner Has Two Guesses Left Before Wallet Encrypts $240M in BTC Forever

A San Francisco-based programmer has two guesses remaining to access his digital wallet containing 7,000 BTC before the funds are encrypted and lost for good.

Bitcoin Price Could Hit $100,000 by 2022, Says Early BTC Miner

Early bitcoin miner and market analyst David Zeiler predicts BTC’s price tripling by the end of 2021 to reach $100,000 next year.

The Story of Satoshi’s First Ever Bitcoin Transaction

The first transaction ever sent on the Bitcoin blockchain was sent 12 years ago, on January 12, 2009 from the cryptocurrency’s pseudonymous creator Satoshi Nakamoto to long-time cryptographer and cypherpunk Hal Finney. In block 170 of the cryptocurrency’s network, Satoshi Nakamoto sent 10 BTC to Hal Finney, with a transaction cost of 0 BTC. At […]

Ruffer Investment: Bitcoin Is ‘A Unique Beast as an Emerging Store of Value’

On Tuesday (January 12), Jonathan Ruffer, Chairman of UK-based Ruffer Investment Company Limited (“Ruffer”), commented on his firm’s investment in Bitcoin. A Brief History Ruffer is a closed-ended investment company incorporated in Guernsey, an island in the English Channel. It was funded in 1994, and it has around 6,600 clients worldwide., “mainly individuals and families, pension funds […]

PayPal Sees Crypto Trading Volume Surge as Bitcoin Price Recovers

Payments firm PayPal has hit a new record in cryptocurrency transaction trading volumes as the price of bitcoin bounces back from a plunge that saw it drop from a near $42,000 all-time high to $30,500. On social media, Alex Saunders pointed out that PayPal doubled its previous crypto trading volume record yesterday, as first spotted […]

Bitcoin Rebounds to $35,000 After Enduring ‘Healthy’ Correction

The price of bitcoin has bounced back from the plunge it saw over the weekend, which took it from a new all-time high near $42,000 to a low under $30,500 before it started recovering. While analysts are puzzled as t what’s in store for the cryptocurrency, some assert the correction was “healthy.” The flagship cryptocurrency […]

The Award for This Week’s Silliest Bitcoin-Related Headline Goes to CNN

On Monday (January 11), Paul R. La Monica, a digital correspondent for CNN Business, came up with a clickbaity FUD-powered Bitcoin-related headline that will be extremely tough to beat when it comes to silliness and misinformation. According to his CNN bio, La Monica “writes daily about the markets and blue chip companies and also appears […]

Jim Cramer’s Bitcoin Investing Strategy: ‘Playing With the House’s Money’

On Monday (January 11), Former hedge fund manager Jim Cramer explained during an interview why he had recently decided to sell some of his BTC holdings. Cramer is the host of CNBC show “Mad Money w/ Jim Cramer“. He is also a co-anchor of CNBC’s “Squawk on the Street“, as well as a co-founder of financial news […]

Mark Cuban: Bitcoin Is ‘A Store of Value’, $BTC and $ETH Will Survive and Thrive

On Monday (January 11), American billionaire entrepreneur and investor Mark Cuban shared his thoughts on the crypto market. Cuban is the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC television network). Yesterday, Cuban took to Twitter […]

Bitcoin Whales Keep Buying as BTC Drops, Analysis Shows

New market data shows whale addresses containing more than 1,000 BTC have continued to accumulate bitcoin despite the most recent correction.

Bitcoin Price Surpassing $300,000 ‘Would Not Be Weird’, Says Popular Crypto Analyst

Popular cryptocurrency trader and analyst Michaël van de Poppe has revealed he believes the price of bitcoin could get to $300,000 this bull cycle, based on comparisons drawn from the dot-com bubble. In a recently published video, first spotted by the Daily Hodl, the cryptocurrency analyst told his 20,000 subscribers he believes the cryptocurrency could […]

Elon Musk Trolls Bitcoin Community Over Accepting BTC Payments

Tesla and SpaceX CEO Elon Musk has trolled the bitcoin community over whether he would accept bitcoin payments, implying he would not turn down an offer to get paid in BTC in the future while replying to author Ben Mezrich. Mezrich is the author behind titles like “The Social Network” and “Bitcoin Billionaires,” the latter […]

Crypto Analyst Tells Investors to Avoid Becoming ‘Whale Food’ as Bitcoin’s Price Drops

Cryptocurrency analyst Lark Davis has warned bitcoin investors they should avoid becoming “whale food” at a time in which the price of BTC has dropped over 12% in the last 24-hour period to less than $35,000. According to the Daily Hodl, Davis warned in a new synopsis of crypto markets that large bitcoin holders are […]

Crypto Analyst Willy Woo Says Bitcoin Could Flip Gold’s Market Cap in 2021

Bitcoin supporter and market analyst Willy Woo says bitcoin could flip gold’s market capitalization and become the primary financial hedge by the end of 2021.

Bitcoin Suffers Large Correction After Heavy Selling Causes Long Squeeze

According to data by TradingView, around 06:49 UTC on Monday (January 11), on Coinbase, the Bitcoin price got dropped as low as $32,475. This correction seems to have started around 10:52 UTC on Sunday (January 10) when Bitcoin was trading around $40,689. Then at 11:15 UTC on Sunday, Ki Young Ju, the CEO of South Korean […]

Bitcoin Whale Moves $500 Million Following BTC Price Surge to $40,000

A bitcoin whale transferred 12,598 BTC, worth roughly $500 million, in three anonymous transactions as the coin’s price surged above $40k.

Bitcoin Surging to $100,000 Could See Square Make $1 Billion in Profit From Crypto, Analyst Says

If the price of bitcoin were to surge to $100,000 this year, the price Square could make through cryptocurrency transactions on its Cash App could surge to $1 million, according to Wall Street analysts at Mizuho Securities. According to Business Insider, in a note sent to clients the analysts wrote that if by the end […]

Legendary Fund Manager Bill Miller: Bitcoin ‘Gets Less Risky the Higher It Goes’

Last Friday (January 8), legendary American value investor William H. Miller III spoke about Bitcoin during an interview with Kelly Evans on CNBC’s “The Exchange”. Miller is the Founder, Chairman, and Chief Investment Officer of investment firm Miller Value Partners, as well as the portfolio manager of firm’s mutual funds “Opportunity Equity” and “Income Strategy”. Before starting Miller Value […]

Novogratz Shocked by ‘How Many Institutions Are Now Lining Up To Try and Get Bitcoin’

Last Thursday (December 7), billionaire investor Mike Novogratz shared his latest thoughts regarding Bitcoin during an interview with Joe Kernen on CNBC’s “Squawk Box“. Former hedge fund manager Novogratz is the Founder and CEO of Galaxy Digital, “a diversified financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sector.” When Kernen asked […]

Billionaire VC Says Bitcoin Price Is Going to $200K, ‘Everybody’s Running In’

Recently, billionaire venture capitalist Chamath Palihapitiya, who is the founder and CEO of investment firm Social Capital, as well as Chairman of spaceflight company Virgin Galactic, gave an interview during which he talked about Bitcoin. Palihapitiya’s comments came during an interview last Thursday with Scott Wapner on CNBC’s “Squawk Box“. At the time of the interview, Bitcoin was […]

MicroStrategy CEO: Bitcoin Is Like YouTube Except for Money Instead of Videos

Michael Saylor, CEO of the Nasdaq-listed business intelligence firm MicroStrategy, has compared bitcoin’s disruption to the banking industry to that of YouTube to visual media, pointing out YouTube allows anyone to spread their message out there, and BTC allows anyone to be their own bank. Saylor’s words came during an episode of The Saylor Series […]

Bitcoin Will One Day Hit $1 Million, Says BTC Bull Anthony Pompliano

Anthony Pomploiano (aka “Pomp), a co-founder of crypto-focused asset management firm Morgan Creek Digital Assets and a well-known BTC bull, revealed he believes the price of bitcoin will one day hit $1 million per coin. Speaking to CNBC’s Melissa Lee on “Fast Money,” Pompliano was asked about the recent price prediction JPMorgan analysts led by […]

Bitcoin Breaks $41,000 to Set New All-Time High, Surpassing Facebook’s Market Cap

According to data by TradingView, on Friday (January 8), at around 11:06 UTC, on Coinbase, the Bitcoin price broke through the $41,000 level, and six minutes later, it reached $41,380, setting yet another record high, and making its market cap greater than Facebook’s. Per data by CryptoCompare, currently (as of 11:33 UTC on January 8), Bitcoin […]

Tim Ferriss on Bitcoin: ‘Hell Hath No Fury Like Holders of a Debased Currency’

On Thursday (January 7), the day that the price of Bitcoin went above $40,000 to set a new all-time high, highly successful investor and author Tim Ferriss asked his followers on Instagram “which developing country will be the first to embrace BTC (or other crypto) as a reserve currency.” Ferriss has an impressive bio. He […]

Bitcoin’s Price Could Be Ready for ‘Explosive Move Upwards’, Indicator Suggests

While the price of bitcoin has been surging exponentially so far this year and the cryptocurrency is now trading at a new all-time high above $39,300, an indicator suggests that its price is not overvalued and could be ready for another “explosive move upwards.” According to the latest weekly report from Stack Funds, first spotted […]

Bitcoin Breaks $40,000, So Far Up 35% in First Week of 2021

According to data by TradingView, 18:13 UTC on Thursday (January 7), the Bitcoin price broke $40,000, and three minutes later, it reached $40,374, setting yet another new all-time high (ATH). Per data by CryptoCompare, currently (as of 18:25 UTC on January 7), Bitcoin is trading around $39,350, up 11.39% in the past 24-hour period and up […]

World’s First Actively Managed Crypto ETP Expands Across Europe

Switzerland-based cryptocurrency investment management boutique FiCAS has announced it secured regulatory approval and passporting for the Base Prospectus and accompanying product documentation for its 15 FiCAS Active Crypto ETP (BTCA). According to a press release shared with CryptoGlobe, the 15 FiCAS Active Crypto ETP is the world’s first actively managed cryptocurrency exchange-traded product (ETP), and […]

Bitcoin Bull Max Keiser Predicts BTC Will Hit $220,000 This Year

Crypto strategist and bitcoin bull Max Keiser says bitcoin will continue it’s rally in 2021 to above $200k, pointing to a collapse in global economies and central banks.

Bitcoin Breaks $37,800, Gemini President Says $BTC ‘Getting Ready to Pounce on 40K’

According to data from TradingView at 03:42 UTC on Thursday, on crypto exchange Coinbase, the Bitcoin price reached $37,808, setting once again a new all-time high (ATH). This led Anthony Pompliano (aka “Pomp”), a co-founder of crypto-focused asset management firm Morgan Creek Digital Assets, to point out that Bitcoin’s market cap had just reached $700 billion. According […]

Canadian YouTube Star: ‘Everybody Is Talking to Me About Bitcoin’

On Tuesday (January 5), Canadian tech influencer Lewis George Hilsenteger, whose YouTube channel “Unbox Therapy” has nearly 18 million subscribers, talked about Bitcoin. Hilsenteger made his comments about Bitcoin in a video released on his “Lew Later” YouTube channel, where he talks about tech news. He started by saying that Bitcoin had gone mainstream: “Bitcoin […]

Kraken Exec: Institutions and Retail Will Put Trillions of Dollars Into Bitcoin

Recently, Dan Held, Head of Growth at crypto exchange Kraken, explained why he believes the price of Bitcoin is set to go much higher in the next couple of years. According to a report by The Daily HODL, in a video released on his YouTube channel last Tuesday, Held said that this Bitcoin cycle is […]

Bitcoin and Ethereum Could See ‘Triple-Digit Gains’ This Year, Says Crypto Firm CEO

Greg King, CEO of crypto firm Osprey Funds, has revealed he believes the price of bitcoin and ether could both double this year, as BTC’s break to a new all-time high was part of a larger bull run, he says. According to Business Insider, King believes the recent sell-off in crypto markets, which saw the […]

CNBC’s Jim Cramer Treats Bitcoin Like a Stock, Warns BTC Entered Speculative Territory

Mad Money host and financial guru Jim Cramer says he is treating bitcoin like stock and plans to hold on to his investment minus cost basis.

UBS Wealth Manager Gives 3 Reasons for Huge Interest in Bitcoin Among Her Clients

On Monday (January 4), during an interview with CNBC, Alli McCartney, a Private Wealth Advisor at UBS, explained why there is “a lot of interest” in Bitcoin among her wealthy clients. She said: “There’s a lot of interest, and there has been a lot of interest for a significant amount of time… A lot of […]

Coinbase Helps One River Execute One of the ‘Largest Digital Asset Trades in History’

San Francisco-based cryptocurrency exchange Coinbase has revealed it helped One River Asset Management, a hedge fund specializing in volatility bets, execute one of the “largest digital asset trades in history.” In a blog post, Coinbase’s Head of Institutional Sales, Trading, Custody, and Prime Services Brett Tejpaul wrote the exchange was selected as One River’s partner […]

Bitcoin Is ‘Poison’ for Cash, Says Veteran Investor Bill Miller

Veteran investor Bill Miller, whose mutual fund outperformed the S%P 500 in 2020 for the second year in a row, has weighed in on bitcoin’s recent price rise and said he believes the flagship cryptocurrency could be seen as “poison” for cash. Referring to Warren Buffett’s famous words on BTC, saying the cryptocurrency is “probably […]

Popular Strategist Michaël van de Poppe Gives Bitcoin Prediction, Top Crypto Picks for 2021

Veteran trader and crypto strategist Michaël van de Poppe gave his prediction for bitcoin’s short-term price movement while also sharing his top picks for 2021.

Bitcoin Price Breaks $35K Just 3 Weeks After Breaking $20K

On Wednesday (January 6), the Bitcoin price broke through the $35,000 level just, which that in the past three weeks, it has gone up over $15,000. According to data from TradingView, on crypto exchange Coinbase, the Bitcoin price surged above the $35,000 level around 04:24 UTC. Four minutes later, it had reached $35,822, once again […]

WikiLeaks Receive $280,00 Bitcoin Donation After Court Rules Assange Cannot be Extradited

WikiLeaks has received a donation of 8.48 BTC, worth over $280,000 at the time it was sent after a British judge ruled that its founder Julian Assange cannot be extradited to the U.S. to face charges of espionage. The bitcoin transaction was first spotted by large transaction monitoring service Whale Alert, which identified the funds […]